Friday 28 November 2014

What is a lock box in banking and finance division?

What is a lock box in banking and finance division?
Lockboxes allow organization to streamline receipts. When customers and business partners write you a check, you need to get those payments into the bank so that you can use the money. Lockbox services make that process more efficient than almost any business can hope for on its own. Lockboxes allow organization to streamline receipts. When customers and business partners write you a check, you need to get those payments into the bank so that you can use the money. Lockbox services make that process more efficient than almost any business can hope for on its own.

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